S&P releases a report (.pdf) on the impact of the NBA lockout, saying media companies such...

|By:, SA News Editor

S&P releases a report (.pdf) on the impact of the NBA lockout, saying media companies such as DIS and TWX are braced to absorb the impact of short to mid-term cancellation of games with advertising revenue heavily-weighted toward the end of the season. "We believe the impact of the work stoppage may be worse if the owners and players cannot agree to a new collective bargaining agreement and the entire season is lost, especially for the project-financed arenas."